Union Pacific Corp (NYSE:UNP) shares, rose in value on Thursday, November 21, with the stock price up by 2.34% to the previous day’s close as strong demand from buyers drove the stock to $239.02.
Actively observing the price movement in the last trading, the stock closed the session at $233.56, falling within a range of $233.67 and $239.93. The value of beta (5-year monthly) was 1.056 whereas the PE ratio was 21.96 over 12-month period. Referring to stock’s 52-week performance, its high was $258.66, and the low was $218.55. On the whole, UNP has fluctuated by -0.97% over the past month.
With the market capitalization of Union Pacific Corp currently standing at about $144.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 5.24, with its dividend yield at 2.19%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 24.27B, with a low estimate of 6.02B and a high estimate of 6.24B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.13B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UNP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.41, with the price of UNP currently trading nearly 1.27% and -0.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.71, while the 7-day volatility ratio is showing 1.40% which for the 30-day chart, stands at 1.76%. Furthermore, Union Pacific Corp (UNP)’s beta value is 1.05, and its average true range (ATR) is 4.51.
A comparison of Union Pacific Corp (UNP) with its peers suggests the former has fared considerably weaker in the market. UNP showed an intraday change of 2.34% in last session, and over the past year, it grew by 7.67%%.
Data on historical trading for Union Pacific Corp (NYSE:UNP) indicates that the trading volumes over the past 10 days have averaged 2.25 and over the past 3 months, they’ve averaged 2.37 million. According to company’s latest data on outstanding shares, there are 609.70 million shares outstanding.
Nearly 0.23% of Union Pacific Corp’s shares belong to company insiders and institutional investors own 81.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.01 million shares as on 2024-10-31, resulting in a short ratio of 2.14. According to the data, the short interest in Union Pacific Corp (UNP) stood at 83.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 4.25 million. The stock has fallen by -2.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UNP stock heading into the next quarter.
